Middle East: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in the Middle East

For the fourth consecutive year, the Middle Eastern market for floor, wall or ceiling coverings of plastics recorded decline in sales value, which decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in the Middle East

In value terms, production of floor, wall or ceiling coverings of plastics rose sharply to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in the Middle East

In 2022, shipments abroad of floor, wall or ceiling coverings of plastics increased by X% to X square meters, rising for the sixth year in a row after three years of decline. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, exports of floor, wall or ceiling coverings of plastics skyrocketed to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X square meters) represented the main exporter of floor, wall or ceiling coverings of plastics, creating X% of total exports. It was distantly followed by the United Arab Emirates (X square meters), mixing up an X% share of total exports. Israel (X square meters) and Saudi Arabia (X square meters) took a relatively small share of total exports.

Turkey was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest plastic floor, wall and ceiling coverings supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Israel, with an X% share.

In Turkey, exports of floor, wall or ceiling coverings of plastics expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per square meter), while the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in the Middle East

After three years of growth, supplies from abroad of floor, wall or ceiling coverings of plastics decreased by X% to X square meters in 2022. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports of reached the maximum at X square meters in 2021, and then reduced in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped slightly in the following year.

Imports by Country

The purchases of the four major importers of floor, wall or ceiling coverings of plastics, namely Iraq, the United Arab Emirates, Saudi Arabia and Turkey, represented more than two-thirds of total import. It was distantly followed by Israel (X square meters) and Yemen (X square meters), together generating a X% share of total imports. Kuwait (X square meters) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings importing markets in the Middle East were Saudi Arabia ($X), Iraq ($X) and the United Arab Emirates ($X), together comprising X% of total imports. Turkey, Israel, Yemen and Kuwait lagged somewhat behind, together comprising a further X%.

Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per square meter in 2022, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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